Economy
World / Countries / MNCs
Washington: The giant, flashing "X" sign of Elon Musk's rebranded company, formerly known as Twitter, has to be taken down from atop its headquarters building in San Francisco after city officials said the sign was installed without a permit and posed safety threats, media reports said. more
'X' monthly users reach new high by crossing 540 million mark, says Elon Musk

Elon Musk on Friday shared a graph that showed the monthly users of his micro-blogging platform X, formerly known as Twitter, reached a new 'high' with over 540 million users.

Youth jobless rate might have hit 46.5 pct in China, claims professor

A Chinese professor has claimed that the country's youth unemployment rate might have hit close to 50 per cent in March.

Meta's rival to Twitter drops on app store, expected to launch on July 6

Washington: Meta appears ready to launch Threads, a micro-blogging application designed to rival Twitter, on July 6, according to its App Store listing.

Tech major Apple sets new milestone as it is now worth $3 trillion

Tech giant Apple's stock ended up trading at USD 3 trillion on Friday, marking itself as the only company to touch the milestone.

UBS plans to cut over half of Credit Suisse's employees: Reports

Geneva: Swiss banking group UBS is planning to slash over half of Credit Suisse Group’s workforce starting next month as a result of the bank’s emergency takeover, media repor ...

Tech major Google slashes jobs at Waze

Search engine giant Google has said it has decided to slash jobs at its Waze mapping service since it is merging the unit with its own map products.

Financial system must evolve in ‘giant leap towards global justice’: Guterres

Developing countries are buckling under high debt and exorbitant borrowing costs, that prevent them from reviving their economies, UN chief António Guterres said on Thursday.

Pakistan: Suzuki shuts car, bike plants due to shortage of parts and accessories

Islamabad: Pakistan's  Suzuki Motor Company Ltd has announced it will keep its  motorcycle and four-wheeler plants closed from June 22 to July 8, media reports said.

Eurozone sinks into recession

The Eurozone, which is a 2-nation bloc, fell into recession this winter, data released recently showed.